Bitcoin and altcoin overview (December 03-04)
Yesterday, Bitcoin buying resumed from $95,000, but this growth was almost immediately absorbed.
Currently, we continue to trade in a sideways pattern. We still have a slight advantage towards buying. False expansions in both directions are possible in the near future.
Priority remains with longs.
Buying zones: $94,000-$92,500 (small zone of accumulated volumes), $92,000-$89,400 (accumulated volumes), ~$80,000 (volume anomaly), $77,000-$74,000 (large volume zone), $71,400-$70,800 (mirror volume zone), $63,100-$62,500 (mirror volume zone), $60,000-$59,000 (buyer activity).
Selling zones: $100,000 (important psychological level).
Interesting altcoins
Currently, only long positions in altcoins should be considered while Bitcoin remains in a sideways pattern and its dominance decreases.
For MOODENG, we are looking at a wide zone ($0.51-$0.38) of pushing volumes for buying when there is a reaction. Yellow lines mark point volume fills.
For XVG, we are considering the accumulated volume zone ($0.0115-$0.01) also for a long position when there is a reaction.
Currently, we continue to trade in a sideways pattern. We still have a slight advantage towards buying. False expansions in both directions are possible in the near future.
Priority remains with longs.
Buying zones: $94,000-$92,500 (small zone of accumulated volumes), $92,000-$89,400 (accumulated volumes), ~$80,000 (volume anomaly), $77,000-$74,000 (large volume zone), $71,400-$70,800 (mirror volume zone), $63,100-$62,500 (mirror volume zone), $60,000-$59,000 (buyer activity).
Selling zones: $100,000 (important psychological level).
Interesting altcoins
Currently, only long positions in altcoins should be considered while Bitcoin remains in a sideways pattern and its dominance decreases.
For MOODENG, we are looking at a wide zone ($0.51-$0.38) of pushing volumes for buying when there is a reaction. Yellow lines mark point volume fills.
For XVG, we are considering the accumulated volume zone ($0.0115-$0.01) also for a long position when there is a reaction.
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